An exceedingly rare 4 acre lot in a great South Durham location with nearly endless possibilities. Expanding/improving the existing farmhouse, storage barn, and horse facilities is one option, creating a larger estate. Under the existing Rural Residential zoning, 4 lots could be created. According to Planning Department Staff, under the newest UDO updates, townhome/multifamily development is an option with rezoning. Under such a rezoning, nearby precedent neighborhoods Like Weldon Downs would suggest 25-30 or high-end townhomes with green spaces. Under any option, this is an incredible opportunity for a savvy buyer. Note there is no real estate sign on the property. Please do not enter the property without an appointment.
For sale
$1,600,000
4517 Grandale Dr, Durham, NC 27713
3beds
2,390sqft
Est.:
Single Family Residence, Residential
Built in 1982
4.12 Acres Lot
$1,528,900 Zestimate®
$669/sqft
$-- HOA
What's special
Existing farmhouseHorse facilitiesStorage barn
- 3 days |
- 350 |
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